1062449--2/27/2009--BUFFALO_WILD_WINGS_INC

related topics
{acquisition, growth, future}
{financial, litigation, operation}
{competitive, industry, competition}
{cost, contract, operation}
{condition, economic, financial}
{operation, natural, condition}
{cost, regulation, environmental}
{personnel, key, retain}
{customer, product, revenue}
{gas, price, oil}
{property, intellectual, protect}
{tax, income, asset}
{product, liability, claim}
{regulation, change, law}
{regulation, government, change}
Fluctuations in chicken wing prices could reduce our operating income. If we are unable to successfully open new restaurants, our revenue growth rate and profits may be reduced. We must identify and obtain a sufficient number of suitable new restaurant sites for us to sustain our revenue growth rate. Our restaurants may not achieve market acceptance in the new geographic regions we enter. New restaurants added to our existing markets may take sales from existing restaurants. Implementing our expansion strategy may strain our resources. We are dependent on franchisees and their success. Franchisees may take actions that could harm our business. We could face liability from our franchisees. We may be unable to compete effectively in the restaurant industry. A reduction in vendor allowances currently received could affect our costs of goods sold. Our quarterly operating results may fluctuate due to the timing of special events and other factors, including the recognition of impairment losses. We may not be able to attract and retain qualified personnel to operate and manage our restaurants. We may not be able to obtain and maintain licenses and permits necessary to operate our restaurants. Changes in employment laws or regulation could harm our performance. Changes in consumer preferences or discretionary consumer spending could harm our performance. We are susceptible to adverse trends in Ohio. Changes in public health concerns may impact our performance. A decline in visitors to any of the business districts near the locations of our restaurants could negatively affect our restaurant sales. The acquisition of existing restaurants from our franchisees or other acquisitions may have unanticipated consequences that could harm our business and our financial condition. Improper food handling may affect our business adversely. Complaints or litigation may hurt us. Our current insurance may not provide adequate levels of coverage against claims. Natural disasters and other events could harm our performance. We may not be able to protect our trademarks, service marks or trade secrets.

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